SassyIrishLass
Diamond Member
- Mar 31, 2009
- 98,940
- 77,577
- 3,605
And we are NOT in a recession! New rules!
Unreal
We've been in a recession since spring
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
And we are NOT in a recession! New rules!
Unreal
Again, Last week Jerome Powell straight up said the labor market must soften to reduce demand.
The Biden admin really screwed the pooch.
You idiots who voted for this asshole fucked the planet. Thanks.
….while they mock Trump voters right to their faces.And the assholes will still vote for this garbage
They don't know how badly either. The US produces fuel the cleanest out of just about any country. Now that we have to get energy from other places, we are actually causing more global warming gasses.
….while they mock Trump voters right to their faces.
These fuck dumb asses are too stupid to understand that very obvious point.
I have pointed that put repeatedly.
The cult is very stupid.
They don't know how badly either. The US produces fuel the cleanest out of just about any country. Now that we have to get energy from other places, we are actually causing more global warming gasses.
The cultists haven't figured this one out yet!
This is what happens when Ivy League faculty lounge theory's, rub up against REALITY!!
The cultists haven't figured this one out yet!
This is what happens when Ivy League faculty lounge theory's, rub up against REALITY!!
My mother and I discussed this EXACT point about 3 hours ago.
A bunch of classroom experts. No real world experience.
In 2021, the United States exported about 8.54 million b/d of petroleum to 176 countries and 4 U.S. territories and imported about 8.47 million barrels per day (b/d) of petroleum from 73 countries. So we exported .07 million barrels per day more than we imported. The whole idea of energy independence is a bit naïve because oil is not a single homogenous product. There is light and heavy crude which maybe sweet or sour depending on the Sulphur content. Where crude is refined will depend on type. Heavy crude can not refined in a refinery designed for light crude and Sulphur content also effects where it can be be refined. Other factors that determine where crude get's refined is how much the refinery is will pay for the oil which depends local supply and demand and cost of transport.These fucking dumb asses are too stupid to understand that very obvious point.
I have pointed that put repeatedly.
The cult is very stupid.
In 2021, the United States exported about 8.54 million b/d of petroleum to 176 countries and 4 U.S. territories and imported about 8.47 million barrels per day (b/d) of petroleum from 73 countries. So we exported .07 million barrels per day more than we imported.
It gets complicated. The US produces virtually all light crude which is used mostly to manufacture motor fuel. However, we need heavy crude to manufacture plastics and many petroleum products. So we have to import almost all heavy crude which is refined in a number of US refineries.That still qualifies us as energy independent.
It gets complicated. The US produces virtually all light crude which is used mostly to manufacture motor fuel. However, we need heavy crude to manufacture plastics and many petroleum products. So we have to import almost all heavy crude which is refined in a number of US refineries.
We produce enough light crude to supply almost all our gasoline requirements. However 35% comes from international partners, primarily Canada and Mexico because we do not have enough refining capacity.
Being energy independent is more about building refineries than drilling wells. Since we don't have hardly any heavy crude, we will always be importing it.
I hear people saying we don't need all these imports from other countries, we can make everything we need which is just not true. We lack manganese, niobium, strontium, tantalum, and tin which are used in many manufactured products. Cobalt and lithium which is used to make EV battery as well as other batteries is not a major resource found in the US. The US has less 1% of the world's supply of Cobalt and we produce less 2% of the lithium.
In 2021, the United States imported about 8.47 million barrels per day (b/d) of petroleumPeople who make that claim have no understanding how fuel is sold. All fuel is a commodity and as such, worldwide. Energy independence means we export more than import which hasn't been done since the 1950s. In 2019 we reached that goal and of course prices reflected this great accomplishment. When the Democrats were in charge they made so many regulations on refining that it was impossible to erect new refineries and thus keep up with demand.
TheReaper says: If there is a wrong choice to be made here you can bet that Taliban Joe will make it.
Energy independence means we export more than import which hasn't been done since the 1950s. In 2019 we reached that goal and of course prices reflected this great accomplishment.
The biggest effect the Potus has on the economy is appointment of the FED Chairman and the governors. The congress has next greatest effect on the economy. However, both are eclipsed by the American consumer. The Federal Reserve and congress can take actions to help persuade the American consumer to spend more or less.The POTUS does not control the Fed or make decisions for them.
If you ever graduate high school you will learn this